View Full Version : Iraqi Customs no longer permits courier companies to deliver and receive FUNDS
fb481777
03-22-2010, 05:30 AM
http://www.warka-bank.com/inner.php?type=3&id=74
Dear Warka Clients,
Please note that we have just been informed that Iraqi Customs will no longer permit courier companies to receive and deliver packages containing funds of any currency and strictly prohibits this matter locally. The client will bear the full responsibility and risk of sending funds by mail where the bank will not bear any financial or legal responsibility for the funds sent by mail.
Best regards,
Warka Bank for Investment and Finance
Jimbojoe
03-22-2010, 06:26 AM
Sounds like something is in the Wind. Be Prepared.:wondering:
Madbrad
03-22-2010, 06:32 AM
had to happen sooner or later
just when I'd packed mine up ready to go:sadsmile:
guess I'll be checking SkyScanner for flights soon
Fishindinar
03-22-2010, 06:36 AM
You think this could only mean a lop?
kostas1972
03-22-2010, 06:37 AM
im glad i sent all of mine
Madbrad
03-22-2010, 06:45 AM
You think this could only mean a lop?
who knows, somebody thinks this is a loop hole they need to close quickly.
Maybe Warka want to distance themselves from excepting packages discribed as bank documents that aren't
hope nobody sent any last week:sweating:
bultn
03-22-2010, 06:48 AM
Nothing new. It has been against Iraqi law all the time. That's why pepole have packed the dinars in carbon paper etc.
Screaming Eagle
03-22-2010, 07:05 AM
http://www.last.fm/listen/artist/Bobby%2BMcFerrin/similarartists#pane=webRadioPlayer&station=%252Flisten%252Fartist%252FBobby%252BMcFer rin%252Fsimilarartists
sunrock
03-22-2010, 08:18 AM
http://www.warka-bank.com/
No more mailing notes to Warka????
TreasureHunter
03-22-2010, 10:02 AM
Sounds like something is in the Wind. Be Prepared.:wondering:
........HOPEFULLY....Something GOOD!!!:yes:
:thinking:
English Bob
03-22-2010, 10:43 AM
http://www.warka-bank.com/inner.php?type=3&id=74
Dear Warka Clients,
Please note that we have just been informed that Iraqi Customs will no longer permit courier companies to receive and deliver packages containing funds of any currency and strictly prohibits this matter locally. The client will bear the full responsibility and risk of sending funds by mail where the bank will not bear any financial or legal responsibility for the funds sent by mail.
Best regards,
Warka Bank for Investment and Finance
Tells us they are on the lookout for NID comming back..........and will sieze it..............this is nothing more than a pre empt to what will be when they isue new currency................outside money will not get a look in!
My guess is that with all the Lop talk many are opening bank accounts or sending wads back...............the CBI would have worked it out that the money gone out of country was now flooding back in and shut the door.
Every month the banks have to report what they are holding.........I can only emagine that an anomally showed up as the CBI knows how much they are puting back into the system............and the figures were not adding up!
Don't forget all the other countries that dealers have been pumping this and with the lop articals been anounced in the last couple of months loads of money prob flooding back..........and the CBI does not want it back.
all JMO
EB
HumbleGenius
03-22-2010, 11:25 AM
The cash window is now closed. Please move along.
(I have family and friends that did not listen. So I know how a lot of people feel right now. They also stayed at the bottom of the poseidon instead of following that foxie shelley winters up the Chistmas Tree.)
buck74
03-22-2010, 11:42 AM
Crow and I have predicted this for sometime. They will shut the border down to keep the cash out anyway they can before the lop/exchange.
williambedloe
03-22-2010, 11:48 AM
whew! :whew:...thankfully, I sent mine in...if I need more, I just wire the funds over...options are a wonderful thing...aren't they???:nerd:
English Bob
03-22-2010, 11:48 AM
fb481777 :handshake:
Forgot to say " good catch " glad someones keep there eye on there site!
This is more telling than many articals :rock:
Thing is will they be on time or late.......remeber they said by the end of 2010......then changed it to end of 2010 or early 2011 you got lough...........everything is soon.
Anyways when will you start singing again..........could do with a hickaty hackty song Lol
3 lops on my wagon and I'm still rollong along, I got my high interest rate , but the IRS still want thier rebate, but I'm still rolling along, but those investigaters are still after me!:shhh:
EB
English Bob
03-22-2010, 11:58 AM
had to happen sooner or later
just when I'd packed mine up ready to go:sadsmile:
guess I'll be checking SkyScanner for flights soon
Madbrad :handshake:
This is not funny if you have cash............but how you going to get them in past customs??
Try to swallow a bunch of 25,000 notes in a condom just don't :lipssealed: well you get the picture.
Good luck how ever you decide.
You could cash in with ali's office in UK or any bank in the UK if any are still buying (Nat west still listing) and wire $$ to warka........better option don't yo think?
JMO
EB
lglwzrd
03-22-2010, 12:24 PM
not a big deal-sell to ali for $900 per mil, then wire the money. it will be in your acct w/in 24 hours at the going rate. it sort of makes up for the loss of what you paid/sell/then transfer.
sunsetjet
03-22-2010, 12:55 PM
Seems that now everything can be done electronically, so there are plenty of ways to get cash back and forth, unless you are doing something illegal why would you want to send cash?
ISX-Galore
03-22-2010, 01:19 PM
Man! I had one more package to send. Oh Well!
ISX-Galore
03-22-2010, 01:25 PM
Nothing new. It has been against Iraqi law all the time. That's why pepole have packed the dinars in carbon paper etc.
Yea bultn I think you're right it has always been illegal to send currency through mail.
RoyalBeluga
03-22-2010, 01:47 PM
So does this mean we can no longer send cash to Warka? or does it mean if we are caught out sending cash to Warka we lose it and/or face legal consequences?
calstar
03-22-2010, 01:58 PM
im glad i sent all of mine
Sent all mine too but kept 1.5 million in small notes. :cash:
RoyalBeluga
03-22-2010, 02:07 PM
Sent all mine too but kept 1.5 million in small notes. :cash:
Do you think that was wise?
Screaming Eagle
03-22-2010, 03:06 PM
Tells us they are on the lookout for NID comming back..........and will sieze it..............this is nothing more than a pre empt to what will be when they isue new currency................outside money will not get a look in!
My guess is that with all the Lop talk many are opening bank accounts or sending wads back...............the CBI would have worked it out that the money gone out of country was now flooding back in and shut the door.
Every month the banks have to report what they are holding.........I can only emagine that an anomally showed up as the CBI knows how much they are puting back into the system............and the figures were not adding up!
Don't forget all the other countries that dealers have been pumping this and with the lop articals been anounced in the last couple of months loads of money prob flooding back..........and the CBI does not want it back.
all JMO
EB
Well, actually there is pressure on the dinar to depreciate as they have lost 17% of their FX assets last year and quite a bit more the first 3 months of 2010. However it appears that the CBI has decided to solve this problem by cracking down on speculators. Just enforce the law and bang 5.85 trillion dinar are taken outof circulation. If you have a account in Iraq its possible you we will see a few pips to the upside. However if you are holding cash dinar out of country as a speculation I suspect you will experience more than a movement of a few pips downside. More like a rate of 4000 -8000. It took 6 years to smuggle all of that dinar out of Iraq now they have 3-4 months to smuggle it all back in before it lops.
calstar
03-22-2010, 04:26 PM
Do you think that was wise?
f
Yes, I can still sell it and hold on to it. I have money exchanger in Kuwait that I bought from. I have receipts and he will buy them back from me if I should return there. I have accounts with Warka and Credit Bank of Iraq. RB I think it was wise to do it for myself.
crazyfrank
03-22-2010, 05:21 PM
well is it time to revert to the original path from many moon's ago, going thru that dresner bank in germany? will they accept dinars and then post to Warka?
or doesn't Warka have branch's now outside Iraqi borders?
calstar
03-22-2010, 05:35 PM
I guess for now it will be electronic transfers.
Moneybags
03-22-2010, 07:26 PM
http://www.warka-bank.com/inner.php?type=3&id=74
Dear Warka Clients,
Please note that we have just been informed that Iraqi Customs will no longer permit courier companies to receive and deliver packages containing funds of any currency and strictly prohibits this matter locally. The client will bear the full responsibility and risk of sending funds by mail where the bank will not bear any financial or legal responsibility for the funds sent by mail.
Best regards,
Warka Bank for Investment and Finance
F-in' GREAT.:headbang:
Just sent 3.6 this afternnon.
Just read this thread.:headbang:
What next. Fedex says too bad. No refund and the package is going to destination wether I like it or not.
I hope I see them deposited or returned (ALL OF THEM) so I can smell them again.:giggle:
(Hey you need some comic relife)
Moneybags
03-22-2010, 07:28 PM
:wait:
Besides I wonder what the big deal is anyways.
Who crap##d in customs cereal this morning.
:no:
cowpoke
03-22-2010, 08:04 PM
It took 6 years to smuggle all of that dinar out of Iraq now they have 3-4 months to smuggle it all back in before it lops.
:eek: Oooo That Stangs...
rick56
03-22-2010, 08:21 PM
F-in' GREAT.:headbang:
Just sent 3.6 this afternnon.
Just read this thread.:headbang:
What next. Fedex says too bad. No refund and the package is going to destination wether I like it or not.
I hope I see them deposited or returned (ALL OF THEM) so I can smell them again.:giggle:
(Hey you need some comic relife)
I am wondering if this means that warka will no longer accept and deposite them if they do arrive there,if that is the case this might mean that sending them fedex is over, however if they do deposit them in our accounts it sounds more like the same disclaimer that came out about a year and a half ago. I was to understand that Iraqi customs has always said it would not allow currency to be mailed in or out but it was really never enforced,apparently, I don't see a whole lot different now but I will be waiting to see if any of the funds enroute right now makes it through please keep us posted.
calstar
03-22-2010, 08:24 PM
I'm going to need Jack Bauer to get my dinars to Warka. :giggle:
Yea bultn I think you're right it has always been illegal to send currency through mail.
True! Now I wonder who wants to be our guinea pig and send a small batch to test and see if Warka will still accept it, or will it get handed over to customs/CBI...:sweating:
lglwzrd
03-23-2010, 12:03 AM
F-in' GREAT.:headbang:
Just sent 3.6 this afternnon.
Just read this thread.:headbang:
What next. Fedex says too bad. No refund and the package is going to destination wether I like it or not.
I hope I see them deposited or returned (ALL OF THEM) so I can smell them again.:giggle:
(Hey you need some comic relife)
call fed ex and have the pkg returned. you have that right.
ISX-Galore
03-23-2010, 12:32 AM
True! Now I wonder who wants to be our guinea pig and send a small batch to test and see if Warka will still accept it, or will it get handed over to customs/CBI...:sweating:
I think moneybags is the chosen one:giggle: He has already started the process hope he gives us the details on what happens. :bandit:
Good Luck Moneybags!!
fb481777
03-23-2010, 01:53 AM
EB - hahahahahahaha, I thank Jesus for ya brother! You are one funny guy! hahaha - the old singing song...I might have to go bring it up again; none-the-less, with this post, definately "Interesting, Exciting, Pending", etc...I mean, wow - we'll see SOON Lord Willing :)
fb481777 :handshake:
Forgot to say " good catch " glad someones keep there eye on there site!
This is more telling than many articals :rock:
Thing is will they be on time or late.......remeber they said by the end of 2010......then changed it to end of 2010 or early 2011 you got lough...........everything is soon.
Anyways when will you start singing again..........could do with a hickaty hackty song Lol
3 lops on my wagon and I'm still rollong along, I got my high interest rate , but the IRS still want thier rebate, but I'm still rolling along, but those investigaters are still after me!:shhh:
EB
This seems like something is going to happen THIS YEAR. I have been dealing with customs for years and My guess is that Moneybags shipment is ok, but I wouldn't chance it next month though.
HumbleGenius
03-23-2010, 09:52 AM
Nothing new. It has been against Iraqi law all the time. That's why pepole have packed the dinars in carbon paper etc.
Yes, Always illegal but never enforced. That is the difference now IMHO. Side note: I never packed my dinars in carbon paper or anything else besides a regular fedex packet and I labeled the package bank notes. Does get more obvious than that.
HumbleGenius
03-23-2010, 09:54 AM
I am wondering if this means that warka will no longer accept and deposite them if they do arrive there,if that is the case this might mean that sending them fedex is over, however if they do deposit them in our accounts it sounds more like the same disclaimer that came out about a year and a half ago. I was to understand that Iraqi customs has always said it would not allow currency to be mailed in or out but it was really never enforced,apparently, I don't see a whole lot different now but I will be waiting to see if any of the funds enroute right now makes it through please keep us posted.
Agreed, many want to know.
RoyalBeluga
03-23-2010, 11:30 AM
of course if you set yourself up years ago by splitting your investment 3 ways all this worry about being left with worthless dinars under your mattress could have been avoided :hi:
HumbleGenius
03-23-2010, 11:52 AM
of course if you set yourself up years ago by splitting your investment 3 ways all this worry about being left with worthless dinars under your mattress could have been avoided :hi:
RB, Help me out here. What are the three ways? (I think your three ways still contain 1/3 of the stinky stuff under your mattress. And if so, what % of that stinky stuff or your portfolio is under your mattess. I would say that % is now at great jeopardy IMHO. I think the two way (ISX / CD's)investment was the way to protect oneself - there has been plenty of warning.) When I was younger I liked the idea of a three way but now that I am older a two way works good for me.) :eek:
RoyalBeluga
03-23-2010, 12:31 PM
RB, Help me out here. What are the three ways? (I think your three ways still contain 1/3 of the stinky stuff under your mattress. And if so, what % of that stinky stuff or your portfolio is under your mattess. I would say that % is now at great jeopardy IMHO. I think the two way (ISX / CD's)investment was the way to protect oneself - there has been plenty of warning.) When I was younger I liked the idea of a three way but now that I am older a two way works good for me.) :eek:
I used to be split 3 equal ways, now I'm more like 80% ISX, 15% A/C, 5% Cash (just in case and an acceptable loss)
tmorr37
03-23-2010, 01:11 PM
Nothing new. It has been against Iraqi law all the time. That's why pepole have packed the dinars in carbon paper etc.
Dinar can be detected by it's metallic strip
not a big deal-sell to ali for $900 per mil, then wire the money. it will be in your acct w/in 24 hours at the going rate. it sort of makes up for the loss of what you paid/sell/then transfer.
Who is Ali and I why would I trust him with 10 dollars let alone 900
well is it time to revert to the original path from many moon's ago, going thru that dresner bank in germany? will they accept dinars and then post to Warka?
I wouldn't mail a Hundred Dollars to my local bank why would I send Dinar to Germany? It's been amazing that Warka has been so honest about it.
or doesn't Warka have branch's now outside Iraqi borders?
Yeah It's called Citi Bank
I guess for now it will be electronic transfers.
Right, For Now
call fed ex and have the pkg returned. you have that right.
They can keep the Package.
Can you feel the Lock Down coming?
Screaming Eagle
03-23-2010, 02:31 PM
Dinar can be detected by it's metallic strip
Who is Ali and I why would I trust him with 10 dollars let alone 900
I wouldn't mail a Hundred Dollars to my local bank why would I send Dinar to Germany? It's been amazing that Warka has been so honest about it.
Yeah It's called Citi Bank
Right, For Now
They can keep the Package.
Can you feel the Lock Down coming?
Ali is the dealer thats suppose to buy back and exchange a billion dollars worth of dinar. I suspect his phone is busy.
You paint a dire picture.
geowhiz
03-23-2010, 02:35 PM
call fed ex and have the pkg returned. you have that right.
Better yet, send it Fed Ex and insure it for 10X the value. Might make some money on the deal.
tmorr37
03-23-2010, 02:52 PM
Ali is the dealer thats suppose to buy back and exchange a billion dollars worth of dinar. I suspect his phone is busy.
You paint a dire picture.
Dire picture? why would you say that?
As far as Ali is concerned it would be ok if I could walk up to a window and exchange but no way as far is mail is concerned.
HumbleGenius
03-23-2010, 03:01 PM
Better yet, send it Fed Ex and insure it for 10X the value. Might make some money on the deal.
(This is for others Geo that may think you are on to something)
I tried it about a year ago but not for that '10X's' part. I found out that unless one lies (I did not) about what is in the packet you can not insure bank notes. When you make that claim for payment if the package dissapears how are you going to substantiate what you said was in the packet?
geowhiz
03-23-2010, 03:24 PM
(This is for others Geo that may think you are on to something)
I tried it about a year ago but not for that '10X's' part. I found out that unless one lies (I did not) about what is in the packet you can not insure bank notes. When you make that claim for payment if the package dissapears how are you going to substantiate what you said was in the packet?
Bottom line is, I believe you could stick a brick-sized bundle of dinar into a Fed-Ex box, label it "IED for Warka", and it will still arrive and go into your account without a hitch. We always had the warnings, and Warka is still hungry for the dinars. I may pop 500k of my 50s in the mail (package the size of a shoe-box) over there just for a test-run tomorrow.
Not buying the sudden warning.
calstar
03-23-2010, 03:51 PM
Bottom line is, I believe you could stick a brick-sized bundle of dinar into a Fed-Ex box, label it "IED for Warka", and it will still arrive and go into your account without a hitch. We always had the warnings, and Warka is still hungry for the dinars. I may pop 500k of my 50s in the mail (package the size of a shoe-box) over there just for a test-run tomorrow.
Not buying the sudden warning.
:wait: Hey geo can you do 1.5 mil in 50 dinar notes.
RoyalBeluga
03-23-2010, 04:19 PM
Bottom line is, I believe you could stick a brick-sized bundle of dinar into a Fed-Ex box, label it "IED for Warka", and it will still arrive and go into your account without a hitch. We always had the warnings, and Warka is still hungry for the dinars. I may pop 500k of my 50s in the mail (package the size of a shoe-box) over there just for a test-run tomorrow.
Not buying the sudden warning.
I think Warka are just making sure they appear squeaky clean issuing this announcement. Mr I always said "send cash at your own risk", but I don't think anything has changed - I mean how are Iraqi Customs going to find out what's inside the packages unless they intend to open them all? Mr I has always claimed they receive hundreds of packages EVERY DAY :nod:
Moneybags
03-23-2010, 04:22 PM
I think Warka are just making sure they appear squeaky clean issuing this announcement. Mr I always said "send cash at your own risk", but I don't think anything has changed - I mean how are Iraqi Customs going to find out what's inside the packages unless they intend to open them all? Mr I has always claimed they receive hundreds of packages EVERY DAY :nod:
Thanks Royal. I feel a bit better. Can't sleep with my dinar in la la and shipping. That is true, I doubt they will open many but a quick scan for metal or x-ray......You know I'm just paranoid.
RoyalBeluga
03-23-2010, 04:26 PM
Thanks Royal. I feel a bit better. Can't sleep with my dinar in la la and shipping. That is true, I doubt they will open many but a quick scan for metal or x-ray......You know I'm just paranoid.
Always use two pieces of carbon paper to hide the dinars, it gives you some added peace of mind if nothing else :giggle: Also make sure the package looks exactly like it's filled with A4 documents.
geowhiz
03-23-2010, 04:26 PM
:wait: Hey geo can you do 1.5 mil in 50 dinar notes.
Thats all I have left my friend, the rest is 250s and 1000s. PM me if you have an interested party. (And hurry, I want to get rid of the rest of the paper). :hi:
Madbrad
03-23-2010, 04:46 PM
Quick google search 'sell iraq dinars in the UK' and bingo the RBS will buy them £500 per mil no charge, it's on their website with a nice calculator to work it out. So rang them to check out and confirm, the chap said yes just go to your local branch and they'll exchange them. So off I went with my stash to my local branch and the cashier said I'll just check in my curency book, yes hand them over and she started counting. Few seconds later the manager appeared, hello whats all this funny looking money I better ring regional HQ and check this out. 5mins latter ( I could see her on the phone glancing at me whilst in deep in conversation) back she came and said sorry we can't exchange these today, I said whats the problem and she said because you don't have an account with us (which I don't) so they handed my NID back and suggested I try the post office or M & S. Will be ringing RBS tomorrow to checkout the story - just thought I'd share this with the UK team.
RoyalBeluga
03-23-2010, 04:52 PM
It has always been the case hasn't it? ... that you can't exchange foreign currency in a bank unless you have an account with them? Surely this is common knowledge right? :wondering:
Fishindinar
03-23-2010, 04:56 PM
All the cash people are quiet.
English Bob
03-23-2010, 05:24 PM
Quick google search 'sell iraq dinars in the UK' and bingo the RBS will buy them £500 per mil no charge, it's on their website with a nice calculator to work it out. So rang them to check out and confirm, the chap said yes just go to your local branch and they'll exchange them. So off I went with my stash to my local branch and the cashier said I'll just check in my curency book, yes hand them over and she started counting. Few seconds later the manager appeared, hello whats all this funny looking money I better ring regional HQ and check this out. 5mins latter ( I could see her on the phone glancing at me whilst in deep in conversation) back she came and said sorry we can't exchange these today, I said whats the problem and she said because you don't have an account with us (which I don't) so they handed my NID back and suggested I try the post office or M & S. Will be ringing RBS tomorrow to checkout the story - just thought I'd share this with the UK team.
:yelrotflmao: :yelrotflmao: :yelrotflmao: :yelrotflmao:
Sorry Madbrad............but that craked me up!
Have you an account with natwest or barclays ........they were both selling at some point.
One other place to try...........I buy electronic € and the place I buy it said they could get some NID but not much and they would get it from............The exchanges at the AIRPORTS.......it just maybe worth a go!
EB
HumbleGenius
03-23-2010, 07:24 PM
Bottom line is, I believe you could stick a brick-sized bundle of dinar into a Fed-Ex box, label it "IED for Warka", and it will still arrive and go into your account without a hitch. We always had the warnings, and Warka is still hungry for the dinars. I may pop 500k of my 50s in the mail (package the size of a shoe-box) over there just for a test-run tomorrow.
Not buying the sudden warning.
Ignorance is bliss. Just dont try and drag unders while you go.
john1
03-23-2010, 08:13 PM
Quick google search 'sell iraq dinars in the UK' and bingo the RBS will buy them £500 per mil no charge, it's on their website with a nice calculator to work it out. So rang them to check out and confirm, the chap said yes just go to your local branch and they'll exchange them. So off I went with my stash to my local branch and the cashier said I'll just check in my curency book, yes hand them over and she started counting. Few seconds later the manager appeared, hello whats all this funny looking money I better ring regional HQ and check this out. 5mins latter ( I could see her on the phone glancing at me whilst in deep in conversation) back she came and said sorry we can't exchange these today, I said whats the problem and she said because you don't have an account with us (which I don't) so they handed my NID back and suggested I try the post office or M & S. Will be ringing RBS tomorrow to checkout the story - just thought I'd share this with the UK team.
Reminds me of one of those "Pink Panther" movies. lol
Seriously!!??!!:wink:
Quick google search 'sell iraq dinars in the UK' and bingo the RBS will buy them £500 per mil no charge, it's on their website with a nice calculator to work it out. So rang them to check out and confirm, the chap said yes just go to your local branch and they'll exchange them. So off I went with my stash to my local branch and the cashier said I'll just check in my curency book, yes hand them over and she started counting. Few seconds later the manager appeared, hello whats all this funny looking money I better ring regional HQ and check this out. 5mins latter ( I could see her on the phone glancing at me whilst in deep in conversation) back she came and said sorry we can't exchange these today, I said whats the problem and she said because you don't have an account with us (which I don't) so they handed my NID back and suggested I try the post office or M & S. Will be ringing RBS tomorrow to checkout the story - just thought I'd share this with the UK team.
The way our post offices are going at the moment it's a major issue to get a stamp, let alone exchange Dinar, and M & S is this a new bank? or is this the currency exchange in M & S stores, if so they wont do it either...maybe get a straight swop for a pair of knickers though.
Dare i suggest you go along to any Halifax bank/building society, ask if they will swop or still sell Dinar, if they need you to open an account, open one, it was always easy with them, have any family got Halifax? might they do it?
Madbrad
03-24-2010, 06:29 AM
:yelrotflmao: :yelrotflmao: :yelrotflmao: :yelrotflmao:
Sorry Madbrad............but that craked me up!
Have you an account with natwest or barclays ........they were both selling at some point.
One other place to try...........I buy electronic € and the place I buy it said they could get some NID but not much and they would get it from............The exchanges at the AIRPORTS.......it just maybe worth a go!
EB
Well got to raise laugh:rofl:
everybodies so serious these days!
Madbrad
03-24-2010, 06:33 AM
The way our post offices are going at the moment it's a major issue to get a stamp, let alone exchange Dinar, and M & S is this a new bank? or is this the currency exchange in M & S stores, if so they wont do it either...maybe get a straight swop for a pair of knickers though.
Dare i suggest you go along to any Halifax bank/building society, ask if they will swop or still sell Dinar, if they need you to open an account, open one, it was always easy with them, have any family got Halifax? might they do it?
good thinking..daughters got one payback time for all that easy student life when I was for ever at the hole in the wall...bless her cotton socks:bigsmile:
manwithnoname
03-24-2010, 07:41 AM
The thing I find strange about this is, no matter what british banks that supply IQD, is that they all have banding straps saying RBS on them before being put into the banks envelope that you are buying from. So why wont RBS accept them back? Food for thought OR bank tellers that dont really know what they're doing?
IQD is still in the 2010 currency manuals.. Thoughts please?
MWNN
tmorr37
03-24-2010, 07:51 AM
The thing I find strange about this is, no matter what british banks that supply IQD, is that they all have banding straps saying RBS on them before being put into the banks envelope that you are buying from. So why wont RBS accept them back? Food for thought OR bank tellers that dont really know what they're doing?
IQD is still in the 2010 currency manuals.. Thoughts please?
MWNN
Here they are wrapped in BOA straps but they do not buy or sell them.
manwithnoname
03-24-2010, 08:04 AM
Thats kinda what i'm getting at T37. Is this bank tellers saying, (A) dont know, (B) they must have an account (was pretty much the case) (C) the pre-cursor to something else.
Would like to hear from ANY account holder from ANY U.K. bank that cashes in, if they encounter any probs!
MWNN
good thinking..daughters got one payback time for all that easy student life when I was for ever at the hole in the wall...bless her cotton socks:bigsmile:
I went into Halifax today, yes they are still selling them....no problem, she said, and yes they will still buy them back ....no problem, she said.
Thats kinda what i'm getting at T37. Is this bank tellers saying, (A) dont know, (B) they must have an account (was pretty much the case) (C) the pre-cursor to something else.
Would like to hear from ANY account holder from ANY U.K. bank that cashes in, if they encounter any probs!
MWNN
Bought all mine from the Halifax bank here in the UK, never ever had a problem, every time i bought i asked the same question over and over again 'Will you buy them back if i dont use them' allways been a yes.
I do have a bank account, other banks that i have accounts with allways said yes, but i never used them, to dear, just the Halifax.
Madbrad
03-24-2010, 10:59 AM
I went into Halifax today, yes they are still selling them....no problem, she said, and yes they will still buy them back ....no problem, she said.
thanks Baz
I've just rung RBS (travel money number on their website) and they said the problem I had yesterday was that the particular branch I went to was not a foriegn exchange bureau and thats why they said I needed an account, if it had been a bureau exchage they would have exchanged it there and then.
But will try Halifax tomorrow I think
manwithnoname
03-24-2010, 02:47 PM
Cheers Baz
I was actually refering to anyone trying to sell back in the near future. I have a good relationship with my bank and they are on the lookout for me as well. All too often we get the news here first tho', so was just prompting anyone that was trying to sell back and give us their experiences whether good or bad. We cant get too much info on this investment but can get too little.. :-)
MWNN
Semper Fidelis
03-24-2010, 03:39 PM
I would rather hold on to my cash than trust it in middle-eastern hands.... Good luck to all who DON'T hold cash dinar anymore...
If my cash ends up being worthless... I'll post a youtube video of 3.6 million dinars being torched...
RoyalBeluga
03-24-2010, 03:51 PM
I would rather hold on to my cash than trust it in middle-eastern hands.... Good luck to all who DON'T hold cash dinar anymore...
If my cash ends up being worthless... I'll post a youtube video of 3.6 million dinars being torched...
...you'll feel really stupid for not being diversified, IMO :rolleyes:
tmorr37
03-24-2010, 04:00 PM
I would rather hold on to my cash than trust it in middle-eastern hands....
Holding Cash is really the same as trusting Middle East hands.
If it fails in the bank then too it will fail in cash.
Semper Fidelis
03-24-2010, 04:37 PM
...you'll feel really stupid for not being diversified, IMO :rolleyes:
I already feel stupid for investing in iraq... period. F Iraq.
Holding Cash is really the same as trusting Middle East hands.
If it fails in the bank then too it will fail in cash.
I'm not talking about it failing.. I'm talking about having everything I sent over there (which is nothing) being confiscated because I'm not Iraqi, or muslim, or just because I'm American...
If they think they can issue trillions worth of currency to everyone that wanted some, and then say it's all worthless to anyone not in country... Then what makes anyone here think they can't do that to every investment made by a non-iraqi?
At least I'm still holding what I purchased even though it may end up worthless... You "hope" your investment will still be yours when this is done. You have no guarantees..
RoyalBeluga
03-24-2010, 04:45 PM
I already feel stupid for investing in iraq... period. F Iraq.
I'm not talking about it failing.. I'm talking about having everything I sent over there (which is nothing) being confiscated because I'm not Iraqi, or muslim, or just because I'm American...
If they think they can issue trillions worth of currency to everyone that wanted some, and then say it's all worthless to anyone not in country... Then what makes anyone here think they can't do that to every investment made by a non-iraqi?
At least I'm still holding what I purchased even though it may end up worthless... You "hope" your investment will still be yours when this is done. You have no guarantees..
There are no guarantees at all but there is being diversified and not. IMO being diversified in this Iraq Investment adventure gives you a better chance of making something as opposed to a slim chance putting all your eggs in one basket. I used to think cash was the only way and in fact it took great courage for me to go the Warka and ISX route, it was a total 'leap of faith' for want of a better phrase but I'm so glad I did it because ever since then I've felt 'init2winit' rather than 'init2watchit' ... know what I mean? :smoke:
Screaming Eagle
03-24-2010, 05:16 PM
I would rather hold on to my cash than trust it in middle-eastern hands.... Good luck to all who DON'T hold cash dinar anymore...
If my cash ends up being worthless... I'll post a youtube video of 3.6 million dinars being torched...
You are welcome to it. They don't want your cash. Its better for them if you just keep it. However if you do try to redeem your cash out of country then you might find it confisticated and destroyed. All you torch is better for those that have dinar in Iraq.
435613422
03-24-2010, 05:42 PM
It is like free money for Iraq. Restrict the Dinar from coming back. Good thing I barely hold any as of today.
435613422
03-24-2010, 05:46 PM
I used to be split 3 equal ways, now I'm more like 80% ISX, 15% A/C, 5% Cash (just in case and an acceptable loss)
I am right there with you. Ebay is FLOODED with Dinars
Cash is King . I stick with holding cash . Once day if the dinar really become worthless i will throw it everywhere let the whole world to step on it , to let everyone know that this is worthless currency , to shame on them .
English Bob
03-26-2010, 04:42 AM
Customs stepping up or have a purge on cash commimg in ........proves that if this does ever fly those holding cash will be left in the cold.
I also think that the Lop if that is what they do will prove that point. In other words no new currency out of the country for say 6 months. No increase in value those outside will not be able to cash in..........so who will smuggle the new currency out or sell it or even want it? No one!
Would be a smart move from the CBI if they did this it would stop the speculation on the new loped currency. They would have to control the currency better than they have the old. But that just may have been the plan all along let it go out the country to boost the CBI coffers or when it was introduced not enough control, so much has leaked to the outside world
JMO
EB
fb481777
03-26-2010, 05:06 AM
Man, screw this crap - lol, sorry ya'll - but see that's my point; these folks ain't dumb - they (Iraq & US) know that people all over the world have invested in their dinars and now what, Iraq will pull a stunt like leave out all cash holders in the Cold and then Lop or Exchange Currencies so that only the people in Iraq so to speak can cash in? That is screwed up! But none-the-less, little dream to think that we could cash in our Dinars at the banks outside of the Middle East and become Rich so to speak - oh we'll, I say no one make any more post on this site until we OFFICIALLY here a LOP or RV or EXCHANGE OF CURRENCY - NO MORE OF THIS HOG-WASH status of uncertanties, unless of course you just are curious and like to follow that sort of thing; but for the most part - people here just watch it to see if it leads them any closer to an RV potential or Stocks (ISX)
At first they sale alot of their currency to gain profit ,now they're not going to buy back their own currency , this is really shame on them. :devil:
geowhiz
03-26-2010, 08:10 AM
Iraq sucks, plain and simple. The dinar was a scam from day one, Warka is still in the stone-age, the ISX has had only limited gains, and American's, whose childrens' blood has been spilt all over the country is apparently willing to simply hand most of the oil over to China.
Their greed and incompetence will obviously lead to more civil war and incursion in the future. For investors my only advice is.. dont invest anything you cant afford to lose, and keep your finger on the "withdraw funds" button at all times.
IRAQISTEVE1
03-26-2010, 09:10 AM
At first they sale alot of their currency to gain profit ,now they're not going to buy back their own currency , this is really shame on them. :devil:
Not going to happen that way (in my opinion):cool-too:
EatAtJoes
03-26-2010, 02:19 PM
Man, screw this crap - lol, sorry ya'll - but see that's my point; these folks ain't dumb - they (Iraq & US) know that people all over the world have invested in their dinars and now what, Iraq will pull a stunt like leave out all cash holders in the Cold and then Lop or Exchange Currencies so that only the people in Iraq so to speak can cash in? That is screwed up! But none-the-less, little dream to think that we could cash in our Dinars at the banks outside of the Middle East and become Rich so to speak - oh we'll, I say no one make any more post on this site until we OFFICIALLY here a LOP or RV or EXCHANGE OF CURRENCY - NO MORE OF THIS HOG-WASH status of uncertanties, unless of course you just are curious and like to follow that sort of thing; but for the most part - people here just watch it to see if it leads them any closer to an RV potential or Stocks (ISX)
I agree with you 100%.
I've wasted too much time on this 'investment'.
I'm cashing out and at least try to get most of my money back.
Barney Rubble and Fred Flinstone are more civilized than Iraq will ever be.
I'm trading my clams in for real American currency.
Best wishes and good luck to everyone.
God Bless.
sayonara
dim sum
03-26-2010, 02:29 PM
At first they sale alot of their currency to gain profit ,now they're not going to buy back their own currency , this is really shame on them. :devil:
You bought your dinars from private, for profit businesses... Dinar dealers, not from the CBI. :rolleyes:
The shame is that currency speculators did not perform their due dilligence to understand the perils of holding cash as an instrument of currency speculation, let alone understand the risks of currency speculation.:shake:
tmorr37
03-26-2010, 02:58 PM
I agree with you 100%.
I've wasted too much time on this 'investment'.
I'm cashing out and at least try to get most of my money back.
Better hurry as soon as the word gets around it will be SELL to who?
100milliondreams
03-26-2010, 04:43 PM
Customs stepping up or have a purge on cash commimg in ........proves that if this does ever fly those holding cash will be left in the cold.
I also think that the Lop if that is what they do will prove that point. In other words no new currency out of the country for say 6 months. No increase in value those outside will not be able to cash in..........so who will smuggle the new currency out or sell it or even want it? No one!
Would be a smart move from the CBI if they did this it would stop the speculation on the new loped currency. They would have to control the currency better than they have the old. But that just may have been the plan all along let it go out the country to boost the CBI coffers or when it was introduced not enough control, so much has leaked to the outside world
JMO
EB
Proves nothing. They simply are restating an existing customs law. This helps prevent money laundering...and is cutting down on some speculation. Notice many are selling their cash as a result of these posts. This was predicted on the forum years ago, someone wrote that prior to any RV there would be massive conflicting news in order to cut back on speculation.
Sometime around 2006 I posted under another name the possibility of an in-country RV with restrictions on conversion from foreign countries; which is why I put 80% of my cash into Warka. I do not think this is likely from the standpoint of what has been posted by others...that the big money folks have positioned themselves with Dinar and Iraq will not shaft them. It is a new day for Iraq & I believe they want to do everything to capitalize on it and build relationships. An in country RV & locking out of country cash or a lop will not promote those relationships.
ISX-Galore
03-26-2010, 05:13 PM
Proves nothing. They simply are restating an existing customs law. This helps prevent money laundering...and is cutting down on some speculation. Notice many are selling their cash as a result of these posts. This was predicted on the forum years ago, someone wrote that prior to any RV there would be massive conflicting news in order to cut back on speculation.
Sometime around 2006 I posted under another name the possibility of an in-country RV with restrictions on conversion from foreign countries; which is why I put 80% of my cash into Warka. I do not think this is likely from the standpoint of what has been posted by others...that the big money folks have positioned themselves with Dinar and Iraq will not shaft them. It is a new day for Iraq & I believe they want to do everything to capitalize on it and build relationships. An in country RV & locking out of country cash or a lop will not promote those relationships.
I like your view of things, I agree everyone is getting jumpy. But they sure are slow.
This custom law has been out for a long time, until they (customs) begin tearing open all packages from foreign countries their is nothing to worry about. :cool-too:
Seaview
03-26-2010, 05:14 PM
Proves nothing. ............. I do not think this is likely from the standpoint of what has been posted by others...that the big money folks have positioned themselves with Dinar and Iraq will not shaft them. ........
More nonsense spread by Dealers.
There is no evidence whatsoever to suggest that "big money folks" (whoever they are suppose to be :rolleyes:) have positioned themselves with any currency whatsoever.
Cobblers! :rofl:
Seaview
03-26-2010, 05:17 PM
.........their is nothing to worry about. :cool-too:
Sweet. :nod: Naive, :giggle: but sweet.
geowhiz
03-26-2010, 05:50 PM
You bought your dinars from private, for profit businesses... Dinar dealers, not from the CBI. :rolleyes:
The shame is that currency speculators did not perform their due dilligence to understand the perils of holding cash as an instrument of currency speculation, let alone understand the risks of currency speculation.:shake:
A LOT of Americans bought dinars from Chase Bank. If you want to call a multi-billion dollar banking corporation a "dinar dealer" then I guess everybody got scalped.
dim sum
03-26-2010, 07:05 PM
A LOT of Americans bought dinars from Chase Bank. If you want to call a multi-billion dollar banking corporation a "dinar dealer" then I guess everybody got scalped.
Chase dealt in Dinar. Chase is a for profit business and is not an Iraqi company, under Iraqi control, and not the CBI.
Chase was just acting as a dealer the same as any other dealer.
Chase and other dealers did not conform to Iraqi currency laws.
Chase and other dealers did not force you to speculate on the Dinar...that was your choice...they merely offered it for sale...
Elements of a contract ...offer / acceptance / consideration / capacity to contract / legality of object...
You completed the contract with your acceptance of the offer...Chase broke no domestic laws...you speculated at your own peril...
geowhiz
03-26-2010, 07:35 PM
Chase dealt in Dinar. Chase is a for profit business and is not an Iraqi company, under Iraqi control, and not the CBI.
Chase was just acting as a dealer the same as any other dealer.
Chase and other dealers did not conform to Iraqi currency laws.
Chase and other dealers did not force you to speculate on the Dinar...that was your choice...they merely offered it for sale...
Elements of a contract ...offer / acceptance / consideration / capacity to contract / legality of object...
You completed the contract with your acceptance of the offer...Chase broke no domestic laws...you speculated at your own peril...
Then where did Chase get their dinars from? From Ali? From some underground and scrupulous Jordanian dinar packrat hiding the stuff in the back of his pickup?
It's a money exchange, granted Chase made a profit from it, but that's how it was treated, an exchange, not a "dinar brokership". Chase wouldnt have started the dinar sales scheme unless they knew the full legality of it.
Jimbojoe
03-26-2010, 08:17 PM
Boy there sure are a lot of People on here that Hate People that Hold Dinar Cash. Boy I'm sure glad I'm not around them sounds like they would take a Gun and Blow your Brains out for holding Dinar. It sounds like People who hold Dinar are the Worst and Dumbest People in the World for holding a little Cash. According to some on here there must be a lot of Dumb People in this World that's Holding Dinar.:wondering::wondering:
Seaview
03-26-2010, 08:24 PM
.....sounds like they would take a Gun and Blow your Brains out for holding Dinar........
Lol.
I wouldn't do that. :thinking: :shake:
I don't want to go to jail. :giggle:
Screaming Eagle
03-26-2010, 08:45 PM
Then where did Chase get their dinars from? From Ali? From some underground and scrupulous Jordanian dinar packrat hiding the stuff in the back of his pickup?
It's a money exchange, granted Chase made a profit from it, but that's how it was treated, an exchange, not a "dinar brokership". Chase wouldnt have started the dinar sales scheme unless they knew the full legality of it.
Usually a bank will sell enought foreign currency for tourist purposes if you are going to a foreign county where the currency is for in country use only. However the amount should not exceed what is allowed through customs. If banks see that it has become too speculative or problem they will soon drop it. I banks in the US were requested to stop exchanging dinar by the CBI.
Also customs do not have to go thru all packages hunting dinar. In general they only have to check the ones going to Warka.
dim sum
03-26-2010, 09:15 PM
Then where did Chase get their dinars from? From Ali? From some underground and scrupulous Jordanian dinar packrat hiding the stuff in the back of his pickup?
It's a money exchange, granted Chase made a profit from it, but that's how it was treated, an exchange, not a "dinar brokership". Chase wouldnt have started the dinar sales scheme unless they knew the full legality of it.
Chase broke no domestic laws...it is not illegal in the U.S. to sell Dinar... you decided to buy a currency that is not supposed to be removed from its home country according to their laws...good luck with your future Dinar exchange...you knew the risks going in (or you should have availed yourself of proper knowledge of the risks involved prior to acepting the offer to purchase.)
dim sum
03-26-2010, 09:18 PM
simply do not understand anything about economics...:rolleyes:
Boy there sure are a lot of People on here that Hate People that Hold Dinar Cash. Boy I'm sure glad I'm not around them sounds like they would take a Gun and Blow your Brains out for holding Dinar. It sounds like People who hold Dinar are the Worst and Dumbest People in the World for holding a little Cash. According to some on here there must be a lot of Dumb People in this World that's Holding Dinar.:wondering::wondering:
dim sum
03-26-2010, 09:22 PM
$10,000 u.s.
usually a bank will sell enought foreign currency for tourist purposes if you are going to a foreign county where the currency is for in country use only. however the amount should not exceed what is allowed through customs. If banks see that it has become too speculative or problem they will soon drop it. I banks in the us were requested to stop exchanging dinar by the cbi.
Also customs do not have to go thru all packages hunting dinar. In general they only have to check the ones going to warka.
Screaming Eagle
03-26-2010, 10:01 PM
$10,000 u.s.
Dinar thru Iraq customs.
rick56
03-27-2010, 05:23 AM
$10,000 u.s.
$10,000 is not illegal however it must be declared as you pass through customs failure to do so is illegal
Madbrad
03-27-2010, 11:02 AM
managed to off load at Halifax,:happy64: bit scarey whilst they was counting it! as the more they counted the more their fingers became discoloured:sweating:with the ink this was particularly off the 500 notes and the fumes off the notes was more noticable, they then had to recount as they'd miss counted but all sorted in the end, £'s transfered into daughters account and withdrawn and put in another account ready for transfer to Warka
Just for interest for anybody in the UK, they won't take 50 dinar notes
English Bob
03-27-2010, 11:27 AM
managed to off load at Halifax,:happy64: bit scarey whilst they was counting it! as the more they counted the more their fingers became discoloured:sweating:with the ink this was particularly off the 500 notes and the fumes off the notes was more noticable, they then had to recount as they'd miss counted but all sorted in the end, £'s transfered into daughters account and withdrawn and put in another account ready for transfer to Warka
Just for interest for anybody in the UK, they won't take 50 dinar notes
Madbrad :handshake:
Glad you got sorted!
If you have some 50 notes you could try M&S or the post office! :yelrotflmao::yelrotflmao::yelrotflmao::yelrotflma o::yelrotflmao::yelrotflmao:
The exchanges at the airports may take them it is worth a go if you are near or going near in the not to distant future.
Interesting that they wont take 50. Did they not get robbed in Iraq ? maybe that is why, who knows.
EB
manwithnoname
03-27-2010, 11:45 AM
EB
If my memory serves me correctly, it was the 100's that were robbed, hence the 100 coin..
MWNN
managed to off load at Halifax,:happy64: bit scarey whilst they was counting it! as the more they counted the more their fingers became discoloured:sweating:with the ink this was particularly off the 500 notes and the fumes off the notes was more noticable, they then had to recount as they'd miss counted but all sorted in the end, £'s transfered into daughters account and withdrawn and put in another account ready for transfer to Warka
Just for interest for anybody in the UK, they won't take 50 dinar notes
Dont you just hate it when somebody says 'Told you so'.........
well here goes.....'Told you so'.........:wink:
tmorr37
03-27-2010, 12:28 PM
managed to off load at Halifax,:happy64: bit scarey whilst they was counting it! as the more they counted the more their fingers became discoloured:sweating:with the ink this was particularly off the 500 notes and the fumes off the notes was more noticable, they then had to recount as they'd miss counted but all sorted in the end, £'s transfered into daughters account and withdrawn and put in another account ready for transfer to Warka
Just for interest for anybody in the UK, they won't take 50 dinar notes
The 50 has little when it comes to security features
EB
If my memory serves me correctly, it was the 100's that were robbed, hence the 100 coin..
MWNN
50 Dinar Coins were stolen. They are no longer valid
CHAZOWEN
03-27-2010, 01:39 PM
managed to off load at Halifax,:happy64: bit scarey whilst they was counting it! as the more they counted the more their fingers became discoloured:sweating:with the ink this was particularly off the 500 notes and the fumes off the notes was more noticable, they then had to recount as they'd miss counted but all sorted in the end, £'s transfered into daughters account and withdrawn and put in another account ready for transfer to Warka
Just for interest for anybody in the UK, they won't take 50 dinar notes
What was the cash in rate?
BILLYG
03-27-2010, 11:07 PM
$10,000 u.s.
Correct Dim Sum.
RoyalBeluga
03-28-2010, 06:00 AM
any news on the 'confiscated' :wondering: dinars?
Fishindinar
03-28-2010, 07:58 AM
No, but did his posts get scrubbed?
RoyalBeluga
03-28-2010, 08:27 AM
No, but did his posts get scrubbed?
Don't you mean his dinars? :mmm:
sunrock
03-28-2010, 08:38 AM
Seems that now everything can be done electronically, so there are plenty of ways to get cash back and forth, unless you are doing something illegal why would you want to send cash?
Use citi bank and it there in less than 24 hrs.
Madbrad
03-28-2010, 10:41 AM
What was the cash in rate?
1915 dinars to the £ (no fee's)
Madbrad
03-28-2010, 10:48 AM
Madbrad :handshake:
Glad you got sorted!
If you have some 50 notes you could try M&S or the post office! :yelrotflmao::yelrotflmao::yelrotflmao::yelrotflma o::yelrotflmao::yelrotflmao:
The exchanges at the airports may take them it is worth a go if you are near or going near in the not to distant future.
Interesting that they wont take 50. Did they not get robbed in Iraq ? maybe that is why, who knows.
EB
thanks Bob, only had a few 50's so not to worried
I'm off to Spain in a few weeks so will check at the airport
calstar
03-28-2010, 11:00 AM
Madbrad :handshake:
Glad you got sorted!
If you have some 50 notes you could try M&S or the post office! :yelrotflmao::yelrotflmao::yelrotflmao::yelrotflma o::yelrotflmao::yelrotflmao:
The exchanges at the airports may take them it is worth a go if you are near or going near in the not to distant future.
Interesting that they wont take 50. Did they not get robbed in Iraq ? maybe that is why, who knows.
EB
I still hold on would on to 50 dinar notes. I have plenty of them plus its still currency!
435613422
03-28-2010, 06:26 PM
Finish dumping all of my dinar. Only ISX and Warka. ISX is my retirement, but I hope it will rocket anyday now.
RoyalBeluga
03-28-2010, 06:29 PM
Finish dumping all of my dinar. Only ISX and Warka. ISX is my retirement, but I hope it will rocket anyday now.
Me too, it can't start quick enough really. Once it starts I'll be over the moon and have a prosperous life to look forward to ... once it starts :sleepy::sleepy::sleepy:
Me too, it can't start quick enough really. Once it starts I'll be over the moon and have a prosperous life to look forward to ... once it starts :sleepy::sleepy::sleepy:
RB..clue me in. I thought the ISX was off and rolling. Massive ROI of 200 - 300%.
Dont take this as sarcasm. In all sincerity, I was under the impression that stocks/ Warka returns were worth the time and trouble. Now you're saying
it can't start quick enough . Did I misunderstand something here?
BTW....check in the "Lounge" for the story on "the confiscated dinars".
435613422
03-28-2010, 07:49 PM
The ISX had a good ROI, but not everyone felt the effect. What we want is the full blast off with a strong currency.
The ISX had a good ROI, but not everyone felt the effect. What we want is the full blast off with a strong currency.
I agree and hope it's soon. I was under the impression from some of RB's previous replies about the ISX, that it was already giving better returns than the NYSE. Again, was I under a misunderstanding?
What do you consider a "good return"? 10%? 50%?
50% of .0008 cents?
I bought Ford (F) @ $2.05/share on 2/09, just sold it last week @$13.95/share. 600% profit wasn't too bad.
50% return on pennies isn't worth the time or effort.
SIRI would have given a better ROI.
RoyalBeluga
03-29-2010, 06:02 AM
RB..clue me in. I thought the ISX was off and rolling. Massive ROI of 200 - 300%.
Dont take this as sarcasm. In all sincerity, I was under the impression that stocks/ Warka returns were worth the time and trouble. Now you're saying
it can't start quick enough . Did I misunderstand something here?
BTW....check in the "Lounge" for the story on "the confiscated dinars".
The ISX hasn't even started to provide returns yet, it's still a waiting game. When the prices start to rise to past highs I'll consider it 'started' :nod: Until that point the ISX is nothing more than a playground :rolleyes:
The ISX hasn't even started to provide returns yet, it's still a waiting game. When the prices start to rise to past highs I'll consider it 'started' :nod: Until that point the ISX is nothing more than a playground :rolleyes:
Gotcha. I was reading more into it than actually meant. Thanks for the info.
:handshake:
RoyalBeluga
03-29-2010, 12:26 PM
Gotcha. I was reading more into it than actually meant. Thanks for the info.
:handshake:
Easily done here, it's 99% guesswork as to what people are actually going on about and the emotions they are trying to portray :handshake:
oysterking
03-29-2010, 09:33 PM
Does anybody know if Chase is still buying IQD in the US?
tmorr37
03-29-2010, 09:37 PM
Does anybody know if Chase is still buying IQD in the US?
I was wondering that myself but last I heard they stopped back in DEC 15.
BILLYG
03-30-2010, 08:54 AM
I was wondering that myself but last I heard they stopped back in DEC 15.
I can tell you tmorr that Chase is indeed out of the Dinar trade business.
oysterking
03-30-2010, 09:08 AM
So essentially there is no bank in the US that will exchange IQD.
BILLYG
03-30-2010, 09:46 AM
So essentially there is no bank in the US that will exchange IQD.
I believe that's correct oyster. Dealers may be the only avenue of exchange should an event occur regarding the Dinar.
manwithnoname
03-30-2010, 11:18 AM
Have you guys got much in the way of British banks? Might be worth askin them if you've got any nearby. The answer may be no but askin dont cost. Either that or we use the U.K. for the alleged reval party.. Nah!! too bloody cold and expensive
MWNN
Skooter
04-03-2010, 06:28 PM
YouTube- The Future of the New Iraqi Dinar
Glad I kept my CASH :)
Kickabuck
04-03-2010, 06:58 PM
...according to Dinarbanker.com experts :yelrotflmao:
Let's see :
Warka established : 1999
Dinarbanker established : 2004
DO THE MATH :biggrin:
p.s. That con artist in the video sure has a TON of Dinar he needs to sell doesn't he. Also, I trust a bank with reserves to back my assets, not a bank that has FDIC insurance while the FDIC itself is broke...use your brain. :cool-too:
Fishindinar
04-03-2010, 07:24 PM
What a load of rubbish, I have a basement full of water if anyone wants to buy some and you can take it home.
theopptomist
04-03-2010, 08:19 PM
...according to Dinarbanker.com experts :yelrotflmao:
Let's see :
Warka established : 1999
Dinarbanker established : 2004
DO THE MATH :biggrin:
p.s. That con artist in the video sure has a TON of Dinar he needs to sell doesn't he. Also, I trust a bank with reserves to back my assets, not a bank that has FDIC insurance while the FDIC itself is broke...use your brain. :cool-too:
I'm with you kick, cash pumper for sure! Are the "experts" at dinarbanker going to guarantee I can change my notes if required.
An expert is a person that has made every mistake possible in a very narrow field, who's to say they won't make more.
theopptomist
04-03-2010, 08:22 PM
The first few minutes contained useful and true information, too bad it turned into a sales pitch and attempted to scare people away from accounts.
rick56
04-17-2010, 02:46 PM
question...has there been any follow up on the results of this announcement as in have there been any succesful deliveries made or any interceptions made on the deliveries by anyone here on the forum since the announcement?
Screaming Eagle
04-19-2010, 05:00 AM
question...has there been any follow up on the results of this announcement as in have there been any succesful deliveries made or any interceptions made on the deliveries by anyone here on the forum since the announcement?
This email was received by a friend.
This was the answer to my question about if I still sent Dinar via FedEX would you except it....
"Feel free to pass this over to IIF"...I seen some one was asking....
Dear Mr. XXXXXX
As posted on our website Iraqi Customs will not permit courier companies to receive and deliver packages containing currency of any type locally and will confiscate it.
For any further information please take a moment to visit our website www.warka-bank.com news bulletin to view the latest notices and well as the contact details of the related departments that will best handle your inquiries. We have several departments that will specifically handle each banking affair to your best interest by contacting them directly.
Best regards,
Mr. I
Deputy Managing Director
Senior Executive
Warka Bank for Investment and Finance
Screaming Eagle
04-19-2010, 05:19 AM
Boy there sure are a lot of People on here that Hate People that Hold Dinar Cash. Boy I'm sure glad I'm not around them sounds like they would take a Gun and Blow your Brains out for holding Dinar. It sounds like People who hold Dinar are the Worst and Dumbest People in the World for holding a little Cash. According to some on here there must be a lot of Dumb People in this World that's Holding Dinar.:wondering::wondering:
The last cash holder I met I shot in the head 12 times from 12 different angles. I missed his brain every time.
HumbleGenius
04-19-2010, 07:47 AM
The last cash holder I met I shot in the head 12 times from 12 different angles. I missed his brain every time.
LOL, nxt time aim lower and around the backside
English Bob
04-19-2010, 10:39 AM
The last cash holder I met I shot in the head 12 times from 12 different angles. I missed his brain every time.
:yelrotflmao: :yes: :yelrotflmao: :yes: :yelrotflmao:
reminds me of those Zombie movies :eek::biggrin::shhh:
RoyalBeluga
04-26-2010, 03:18 PM
question...has there been any follow up on the results of this announcement as in have there been any succesful deliveries made or any interceptions made on the deliveries by anyone here on the forum since the announcement?
No-one answered Rick56, has anyone successfully couriered dinars to Warka since this announcement? :thinking:
No-one answered Rick56, has anyone successfully couriered dinars to Warka since this announcement? :thinking:
Who's going to admit to still owning any cash Dinar?.....think about it.
RoyalBeluga
04-26-2010, 03:29 PM
Who's going to admit to still owning any cash Dinar?.....think about it.
Huh? :smoke:
Huh? :smoke:
Shot in the head....taking no notice of advice....bashing....fools never learn....and the list goes on.
RoyalBeluga
04-26-2010, 03:36 PM
Shot in the head....taking no notice of advice....bashing....fools never learn....and the list goes on.
What are you talking about?
What are you talking about?
Now come on you must read other postings, if you still own cash Dinar you are nuts....hence my answer to you.
RoyalBeluga
04-26-2010, 03:53 PM
Now come on you must read other postings, if you still own cash Dinar you are nuts....hence my answer to you.
My question was as follows:
No-one answered Rick56, has anyone successfully couriered dinars to Warka since this announcement?
If I wanted a debate on having dinar cash or not I would have started a new thread .... if I was allowed in the Dinar forums that is :giggle:
RoyalBeluga
04-26-2010, 03:58 PM
Ok so for others who might not be well up on why it's nuts to hold cash dinars now, can you explain the reasons?
My question was as follows:
No-one answered Rick56, has anyone successfully couriered dinars to Warka since this announcement?
If I wanted a debate on having dinar cash or not I would have started a new thread .... if I was allowed in the Dinar forums that is :giggle:
And mine to you was, who would admit to having cash Dinars on here in case they got bashed for still having them, so they would not have any to send, now would they...
....i didnt know you were banned...why?
RoyalBeluga
04-26-2010, 04:06 PM
And mine to you was, who would admit to having cash Dinars on here in case they got bashed for still having them, so they would not have any to send, now would they...
....i didnt know you were banned...why?
Ahh, I see what you mean now, sorry.
I'm not actually sure why but it had something to do with BabyBull and my fetish for bloody veal :tongueout:
Ahh, I see what you mean now, sorry.
I'm not actually sure why but it had something to do with BabyBull and my fetish for bloody veal :tongueout:
Raw fish...bloody veal....dont want to bump into you down a dark alley.
The ban wont last for ever....or will it?
latefordinar
04-26-2010, 04:24 PM
[quote=RoyalBeluga;1000104]My question was as follows:started an new thread.... Haw haw ho haw!
No-one answered Rick56, has anyone successfully couriered dinars to Warka since this announcement?
If I wanted a debate on having dinar cash or not I would have started a new thread .... if I was allowed in the Dinar forums that is :giggle:[/quote:giggle::sun::giggle:
RoyalBeluga
04-26-2010, 05:24 PM
Raw fish...bloody veal....dont want to bump into you down a dark alley.
The ban wont last for ever....or will it?
See I thought you was trying to tell me it was now illegal or dangerous to hold physical dinars, you had me worried Baz! Not that I have much cash dinars left - sent mine to Warka :rock:
rick56
04-26-2010, 07:06 PM
See I thought you was trying to tell me it was now illegal or dangerous to hold physical dinars, you had me worried Baz! Not that I have much cash dinars left - sent mine to Warka :rock:
ya sorta like what I'm tryin to do...but I cannot seem to be getting much information as the IIF bullies seem to want to be shootin cash holders OK fine I'll admit it I still have some cash if that s what you want to hear... so shoot me... but at least quit bullying people from tryin to gain some insight on what they want to do with their dinars by disgusting others that might wish to legitimately share...I surprised admin hasn't stepped in so far
Kickabuck
04-26-2010, 07:15 PM
No-one answered Rick56, has anyone successfully couriered dinars to Warka since this announcement?
There's probably not a response because it's not worth the risk...much easier to sell on ebay and wire legally than to have it all taken away.
RoyalBeluga
04-26-2010, 07:16 PM
ya sorta like what I'm tryin to do...but I cannot seem to be getting much information as the IIF bullies seem to want to be shootin cash holders OK fine I'll admit it I still have some cash if that s what you want to hear... so shoot me... but at least quit bullying people from tryin to gain some insight on what they want to do with their dinars by disgusting others that might wish to legitimately share...I surprised admin hasn't stepped in so far
I have the utmost respect for anyone who takes on the administration of this forum, it's a hard job I can imagine. I say lets give Admin time to sum up the members to decide for him/herself who deserves to be chastised and who doesn't :smoke:
RB
panhead
04-26-2010, 09:09 PM
I have the utmost respect for anyone who takes on the administration of this forum, it's a hard job I can imagine. I say lets give Admin time to sum up the members to decide for him/herself who deserves to be chastised and who doesn't :smoke:
RB
so now your gonna take on ADMN to preserve your right to continually bash cash holders and knock threads off topic with your continual snide remarks?
....good luck with that:giggle:
RoyalBeluga
04-26-2010, 09:16 PM
I have the utmost respect for anyone who takes on the administration of this forum (in other words the person who takes on the job as administrator) :dull:, it's a hard job I can imagine. I say lets give Admin time to sum up the members to decide for him/herself who deserves to be chastised and who doesn't :smoke:
RB
Panhead you're such a ... panhead but I like ya :wave:
RoyalBeluga
04-26-2010, 09:20 PM
so now your gonna take on ADMN to preserve your right to continually bash cash holders and knock threads off topic with your continual snide remarks?
....good luck with that:giggle:
Why would I want to bash cash holders when I'm one myself? Sometimes you're such a panhead, panhead :nod:
See I thought you was trying to tell me it was now illegal or dangerous to hold physical dinars, you had me worried Baz! Not that I have much cash dinars left - sent mine to Warka :rock:
No i wouldn't do that, you are the best person to know how to handle your own money.
I got cash as well, and i will be keeping it because i dont know what is going to happen, fact is it looks like cash is no good...but then again fact is who knows that for fact.
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